 |
|
|
| Trading Unit |
|
| 1,000 tons of coal. |
|
| Price Quotation |
|
| U.S. dollars and cents per ton. |
|
| Trading Hours (All times are New York time) |
|
| The contract is available for trading on the NYMEX ClearPort® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM. Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and the day preceding a holiday. |
|
| Trading Months |
|
| The current year and the next four years. Contracts for each new calendar year will be added following the termination of trading in the December contract of the current year. |
|
| Minimum Price Fluctuation |
|
| $0.01 (1¢) per ton ($10 per contract). |
|
| Last Trading Day |
|
| Trading terminates on the last business day of the month prior to the contract month. |
|
| Settlement |
|
| Financial, equal to the final monthly average for the corresponding month of the Platts OTC Broker Index for the CSX Big Sandy/Kanawha district, 12,500 British thermal units (Btus) per pound, 1% sulfur index published in Platts Coal Trader in the OTC Broker Index in the first regular issue of the contract month. |
|
| Margin Requirements |
|
| Margins are required for open futures positions. |
|
| Trading Symbol |
|
| QX |
|